TagWash sale

wash sale

wash sale  n.— «If you sell, make sure you don’t run afoul of what’s known as the wash-sale rule. A wash sale happens when you sell a security at a loss and, within 30 days before or after the sale, you buy the same thing, or something...

wash sale

wash sale  n.— «To tackle the problem, the European market set up a system that allowed market participants to simultaneously liquidate a Eurodollar position on the CME and rebuild the same one on Euronext.liffe. However, a CME rule...